Quote:
Originally Posted by Rain Man
Times of change are times of opportunity. In all seriousness, it seems like a 99.9 percent winner to buy some long-term CDs now if we can get 5 percent or more. It seems like the Fed is really intent on getting inflation back down to 2 percent or so. Right?
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Not currently.
From what I've read they're planning on raising it again. I saw a headline (admittedly didn't read the article) that inflation is over and the fed is dumb for continuing to raise it.
I read somewhere that the Fed Chairman like worships at the alter of Volker, so who knows.